Multifamily Property with Five
1712 Central Avenue Augusta, GA 30904
MULTI_FAMILY - Augusta, GA
Property size:
3,160 SFLot size:
0.24 AcresPrice / SF:
$131/SF- Added:
- Aug 16, 2025
- Days on Market:
- 329
- Last Refresh:
- Jul 10 at 7:06 am
Property Features for 1712 Central Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bathroom 4
- Standard status
- Active
- APN
- 0453181000
- Size
- 3,160 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 1923/47
- Tax Annual Amount
- 2844
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1926
- Number of units
- 5
- Building materials
- Stucco
- Roof type
- Metal
Listing agent Wayne Snyder License #391710 (614) 284-2962
Listing office Auben Realty, LLC 909 Walker Street, AUGUSTA, GA (706) 305-1551
Listing date Aug 16, 2025
MLS# 98205414
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of five separate units across three buildings. The buildings feature stucco exteriors and durable metal roofs. The property is configured to provide a mix of occupied and available space, with three units currently rented and two units currently vacant.
The buildings sit on a corner lot in Augusta, Georgia, within Richmond County. The offering address is 1712 Central Avenue, Augusta, GA 30904. The property is described as being located near downtown, the medical district, and Paine College, supporting convenient access to multiple employment and institutional destinations.
From a leasing and operating standpoint, the current unit mix allows an owner to maintain income from the three rented units while working through the two vacancies. One of the vacant units is described as rent ready, while the other vacant unit is noted as needing some TLC to be positioned for its maximum income potential. This setup can appeal to investors looking for a multifamily asset with both immediate occupancy and additional rent-up opportunity.
The buildings sit on a corner lot in Augusta, Georgia, within Richmond County. The offering address is 1712 Central Avenue, Augusta, GA 30904. The property is described as being located near downtown, the medical district, and Paine College, supporting convenient access to multiple employment and institutional destinations.
From a leasing and operating standpoint, the current unit mix allows an owner to maintain income from the three rented units while working through the two vacancies. One of the vacant units is described as rent ready, while the other vacant unit is noted as needing some TLC to be positioned for its maximum income potential. This setup can appeal to investors looking for a multifamily asset with both immediate occupancy and additional rent-up opportunity.
Key Highlights
- 5‑unit multi‑family property across 3 buildings on a corner lot
- Total size of 3,160 sq. ft. with stucco exteriors and metal roofs
- Natural gas heating with public water and public sewer
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.9k | $18.00 |
| − Vacancy | −$4.8k | −$1.53 |
| EGI | $52.0k | $16.47 |
| − OpEx | −$23.4k | −$7.41 |
| NOI | $28.6k | $9.06 |
3,160 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$408.9K
$357.8K – $477.1K
NOI $28,625 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$997.4K
$872.8K – $1.16M
NOI $69,820 @ 7.0% cap · market cap 16.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alexis Escort Service
Nightclub
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Five-unit multifamily spread across three buildings on a corner lot, with stucco exteriors and metal roofs.
Where is this apartment building located?
The property is located at 1712 Central Avenue Augusta, GA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 5‑unit multi‑family property across 3 buildings on a corner lot; Total size of 3,160 sq. ft. with stucco exteriors and metal roofs; Natural gas heating with public water and public sewer
